Bringing you live news and features since 2006 

Socially responsible, fossil-free ETF launches on NYSE


Etho Capital in partnership with Factor Advisors, has launched ETHO, a broad based, diversified, socially responsible and fossil-free exchange-traded fund that does not have exposure to the energy sector, on the New York Stock Exchange.

The ETF is based on the Etho Climate Leadership Index (ECLI), an index that was announced in October and is completely divested of fossil fuel companies, rigorously screened for ESG criteria and composed of 400 of the most climate-efficient companies across sectors. The ETHO ETF offers investors a product with broad diversification while remaining socially and environmentally responsible. It is part of a series of financial products that will be released by Etho Capital, a company dedicated to taking sustainable investing mainstream.
The ETF is composed of US public equities in the ECLI, which combines use of quantitative climate-emissions data and socially responsible investing expertise. According to Etho Capital, this allows diversified strategies that can optimise both sustainability and financial returns.
The launch of the ETHO ETF fills a critical void in the fossil-free investment sector. Our research shows that foundations, endowments and trustees are considering ESG metrics as part of their fiduciary duty more often when making investment decisions, and individuals are increasingly looking to align their investments with their values. The ETF will serve the explosive growth of the movement to divest portfolios from fossil fuels and invest in a clean energy future.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by